The USD/CAD pair broke higher during the course of the day on Friday, finally cracking above the 1.45 handle.
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The S&P 500 fell during the session on Friday, testing the 1860 level. The NASDAQ 100 fell during the day on Friday as we continue to see quite a bit of bearish pressure in the stock markets worldwide.
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Get the USD/CAD Forex Signal for January 18, 2016.
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Get the USD/CHF Forex Signal for January 18, 2016.
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The WTI Crude Oil markets fell again during the course of the day on Friday, as we broke well below the $30 level at one point. Natural gas markets fell again during the course of the day on Friday, as we are now heading towards the $2.10 level.
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Get the GBP/USD Forex Signal for January 18, 2016.
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Gold settled up $10.91 at $1088.76 on Friday, recouping most of the losses from the previous session, as pressure on stock markets and weakness in the U.S. dollar underpinned the precious metal.
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Every day, four days per week, I publish daily signals / forecasts for the seven most important Forex pairs: the USD paired with the EUR, GBP, CHF, JPY, AUD, and NZD.
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The NZD/JPY pair had a volatile session on Thursday, as we initially fell, but turned back around to form a bit of a hammer.
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The USD/JPY pair rallied during the session on Thursday, as we try to break above the 118.50 level. The NZD/USD pair fell during the day on Thursday, but found the 0.64 level supportive enough to keep the market afloat.
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During the day on Thursday, the EUR/USD pair initially tried to rally, but turned back around near the 1.0950 level. The GBP/USD pair went back and forth during the day on Thursday and essentially formed a neutral candle.
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